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A “for sale” sign hangs from a post outside of a vacant business building in Belleville, N.J. (Julio Cortez / Associated Press)Earlier this year, mortgage interest rates came off their 2022 highs and settled in the 6% range, providing a small break for those in the housing market.That respite is now over. In recent weeks, rates have shot back above 7% and are now rapidly approaching 8%. The recent surge threatens to scramble the economic calculus for both buyers and sellers.If you’ve put a pause on your decision to buy or sell a home because of high rates, The Times would like to speak with you. Please fill out the form below.This story originally appeared in Los Angeles Times.
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